4520 SW 321st St

Federal Way, WA 98023

$1,199,000
Price
12
Beds
4,376 Sq. Ft.
$274 / Sq. Ft.
4,376
Sq. Ft.
$274
per Sq. Ft.
Listing provided courtesy of Berkshire Hathaway HS NW

Description

Substantial Price Reduction because one unit sold separately. Bring your Investor to this Portfolio of 6 Condominiums at Maplewood. One owner and a board member for more than 20 years. All units have new upgraded electrical panels, water heaters, roofs, energy-efficient vinyl windows and more. (4) 2-bedroom units and (2) 1 bedroom with spacious living rooms with private decks and patios with much greenery. Great full-time staff and optional rental group membership to make this a Turnkey investment...Substantial Price Reduction because one unit sold separately. Bring your Investor to this Portfolio of 6 Condominiums at Maplewood. One owner and a board member for more than 20 years. All units have new upgraded electrical panels, water heaters, roofs, energy-efficient vinyl windows and more. (4) 2-bedroom units and (2) 1 bedroom with spacious living rooms with private decks and patios with much greenery. Great full-time staff and optional rental group membership to make this a Turnkey investment with nothing to do but see the rental checks come in and grow. Even add or sell units to your portfolio. Conveniently located near Twin Lakes golf course, shopping, Dash Point, and major transit options, including the light rail and I-5.
  1. Listed by Scott Rochlin • Berkshire Hathaway HS NW

Property Details for 4520 Southwest 321st Street

Community Name
Twin Lakes
School District
Federal Way
Number of Assigned Spaces
0
Entry Date
06-06-2025
Energy Source
Electric
LISTING UPDATED: 10/22/2025 05:27 PM

Property Details for 4520 Southwest 321st Street

StatusActive
MLS #2381328
Days on Market208
Cumulative Days on Market208
Taxes$14,262 / year
HOA Fees$3,050 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential
Year Built1977
CountyKing County

Location

Listing Courtesy of Berkshire Hathaway HS NW
Add your commute

Building Information for 4520 Southwest 321st Street

Building/Complex4520 Sw 321st StFloor-Stories2Residences9Pet Policy-Pet Policy Details-Year Built1977

Payment Calculator

$10,163 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,925

Property Taxes

$1,189

HOA Dues

$3,050

The Payment Calculator is for illustrative purposes only.

Property Information for 4520 Southwest 321st Street

Summary
Location and General Information
  • Style: 30 - Condo (1 Level)
  • Area: 110 - Dash Point/Federal Way
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Community Features: Pool
  • Effective Year Built Source: Public Records
  • Unit Floor Number: 2
  • Directions: From I-5, take 320th St. exit. Go west on 320th. Turn left into Maplewood Condominiums at 45th Pl. SW. Go Right. See listing map for unit locations
  • Property Sub Type: COND
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
  • Home Owner Dues Include: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Security, Sewer, Trash, Water
  • Association Phone: 253-925-2242
Parking
  • Carport: No
  • Parking Type: Uncovered
  • Open Parking Spaces: 0.0
  • Open Parking: No
  • Parking Features: Uncovered
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 7
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 7
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 7
Bedroom Information
  • Bedrooms Main: 12
  • Bedrooms Upper: 0
  • Bedrooms Lower: 0
Interior Features
  • Fireplaces Total: 0
  • Common Features: Pool-Outdoor
  • Room and Floor: Bedroom-Main, Bathroom Full-Main
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
  • Room List: Bedroom, Bathroom Full
  • Number Of Showers: 7
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: Security Service
Property
Utilities
  • Power Company: PSE
  • Sewer Company: HOA
  • Water Company: HOA
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Special Assessment: No
  • Level: One
  • First Right Of Refusal: false
  • MLS Square Footage Source: owner - all 6 units
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1977
  • Photos Count: 11
Lot Information
  • Parcel Number Free Text: 512600042000
  • Calculated Square Footage: 4376
  • Dwelling Type: Attached
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4376.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • CoOp: No
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Stories in Building: 2
  • Number of Access Stairs: 5
  • Owner Occupancy Percentage: 26
  • Number of Units in Complex: 172
  • Units In Building Total: 9
Financing / Income and Expenses
  • Leased Equipment: washer dryers
Rental
Rent Information
  • Occupant Type: Tenant
  • Rental Cap: No Rental Cap
  • Total Actual Rent: $9,400
  • Cats and Dogs: Subject to Restrictions

Property History for 4520 Southwest 321st Street

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Price Change

NWMLS #2381328

$1,199,000—
Jun 6, 2025

Listed (Active)

NWMLS #2381328

$1,450,000—
DateEvent & SourcePrice
10/22/2025

Price Change

NWMLS #2381328

$1,199,000
06/06/2025

Listed (Active)

NWMLS #2381328

$1,450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4520 Southwest 321st Street

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Twin Lakes Elementary School
Public - PK to 5
Lakota Middle School
Public - 6 to 8
Decatur High School
Public - 9 to 12
Employment Transition Program
Public - 9 to 12
Rating
School
Distance
Twin Lakes Elementary School
PublicPK to 5

Lakota Middle School
Public6 to 8

Decatur High School
Public9 to 12

Employment Transition Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4520 Southwest 321st Street, Federal Way, WA 98023

4520 Southwest 321st Street is a condo for sale in Federal Way, WA 98023. This property was listed for sale on June 6, 2025 by Berkshire Hathaway HS NW, it's currently listed at $1,199,000. This listing's school district is Federal Way School District. Nearby schools include Twin Lakes Elementary School, Lakota Middle School and Decatur High School. 4520 Southwest 321st Street is a 12-bed, 7-bath, 4,376 sqft condo built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HS NW

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/31/2025 05:25 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.